Canada
US
Asking for a friend: Why a financial plan is important
When it comes to managing your money and planning for your future, it can feel overwhelming and confusing because of the amount of information available and the jargon that's used. You may need someone to help you develop a financial plan to determine what enough looks like.
Your goals may change over time. And that’s ok. Working with a financial planner can help you create a plan that can balance your life needs today with your financial goals of tomorrow.
Learn why making a plan is key for working towards your financial goals.
View personal banking updates and how we're ready for you.
Sorry, we didn't find any results. You could check for misspelled words or try a different term or question.
We're sorry. Service is currently unavailable.
We found a few responses for you:
We matched that to:
Popular questions
Helpful related questions
Did you find what you were looking for?
Thank you
We're sorry. Service is currently unavailable.
Sorry this didn't help. Would you leave us a comment about your search?
Thank you
See you in a bit
You are now leaving our website and entering a third-party website over which we have no control.
TD Bank Group is not responsible for the content of the third-party sites hyperlinked from this page, nor do they guarantee or endorse the information, recommendations, products or services offered on third party sites.
Third-party sites may have different Privacy and Security policies than TD Bank Group. You should review the Privacy and Security policies of any third-party website before you provide personal or confidential information.
Site Index
TD Personal Banking
- Personal Home
- My Accounts
- How To
- Today's Rates
- Accounts (Personal)
- Chequing Accounts
- Savings Accounts
- Youth Account
- Student Account
- Credit Cards
- Aeroplan points
- Travel Rewards
- Cash Back
- No Annual Fee
- Low Rate
- U.S. Dollar
- Mortgages
- Borrowing
- Personal Investing
- GIC & Term Deposits
- Mutual Funds
- TFSA - Tax-Free Savings Account
- RSP - Retirement Savings Plan
- RIF - Retirement Income Options
- RESP - Education Savings Plan
- RDSP - Disability Savings Plan
- Precious Metals
- Insurance
- Travel Medical Insurance
- All Products
- Students
- New To Canada
- Banking Advice for Seniors (60+)
- Cross Border Banking
- Foreign Exchange Services
- Ways to Pay
- Ways to Bank
- Green Banking
- TD Advice
TD Small Business Banking
- Small Business Home
- Accounts (Business)
- Chequing Account
- Savings Account
- U.S. Dollar Account
- AgriInvest Account
- Cheque Services
- Credit
- Overdraft Protection
- Line of Credit
- Business Credit Cards
- Loan
- Business Mortgage
- Canada Small Business Financial Loan
- Agriculture Credit Solutions
- TD Auto Finance Small Business Vehicle Lending
- Invest for your Business
- Advice for your Profession or Industry
- TD Merchant Solutions
- Foreign Currency Services
- Employer Services
TD Corporate
Other TD Businesses
Transcript
Why a Financial Plan is Important
Super: TD presents Asking for a Friend
Why a Financial Plan Is Important
I’m HOST, and welcome to Asking For a Friend, where we’re ready to help answer the financial questions you, er, your friends, are too uncertain to ask.
Dear Asking for a Friend,
My friend doesn't know if she will have enough money to live a comfortable life when she retires – how can she know if she has enough, and how can she be sure she'll be okay going into retirement and onwards?
Planning Petra
That is a pressing question on the minds of many, Petra. Based on a recent Financial Planning Standards Board survey, many people don’t feel super-confident about their future.
Super: Just 21% of Canadians have strong confidence that they will achieve their financial life goals.
Just 21% of Canadians have strong confidence that they will achieve their financial life goals. A lot of people wonder "What do I need to retire?"
And since most of us don’t have a time machine — (under their breath) that works — to see how it all pans out, a solid plan can help us feel more confident about the future.
When it comes to managing your money and planning for your future, it can feel overwhelming and confusing because of the amount of information available and the jargon that's used.
Super: Speak to a TD Wealth Financial Planner.
You may need someone to help you develop a financial plan to determine what enough looks like. I would tell your "friend" to consider speaking to a financial planner. Like the fine folks at TD Wealth.
Super: Set your financial goals.
They can help you set your financial goals. Really think about what you’re planning for; is it a bigger or second home? A child’s tuition? Your retirement? Whatever your priorities are, your Financial Planner can ask the right questions to help you plan for all of life's moments — big and small.
Super: Create a plan that grows and evolves with you.
Your goals may change over time. And that’s ok. Working with a financial planner can help you create a plan that can balance your life needs today with your financial goals of tomorrow. And remember, this is your future. Speak to a TD Wealth Financial Planner and get started on your next, or first, step.
Book an appointment and get financial advice for what you feel is most essential, through TD Ready Advice.
Endslate: Visit td.com/readyadvice